Harvard Bioscience (HBIO) Tax Rate (2010 - 2026)
Harvard Bioscience (HBIO) posted quarterly Tax Rate of 3.54% for Q1 2026, down 452.0% year-over-year from 1.01% in Q1 2025, and down 129.37% quarter-over-quarter from 12.05% in Q4 2025.
Harvard Bioscience (HBIO) Tax Rate (2010 - 2026) Analysis & Trends
Harvard Bioscience (HBIO) has reported Tax Rate for 17 consecutive years, with 3.54% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 452.0% year-over-year to 3.54%; the TTM figure through Mar 2026 stood at 1.43% (up 88.0% YoY), while the FY2025 annual figure was 1.2%, up 488.0% from the prior year.
- Tax Rate slipped to 3.54% in Q1 2026 per HBIO's latest filing, from 12.05% in the prior quarter.
- Across five years, Tax Rate topped out at 57.75% in Q4 2023 and bottomed at 120.46% in Q3 2023.
- Historically, Tax Rate has averaged 2.86% across 5 years, with a median of 1.42% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate sank 45038 bps — and 2023, when it jumped 14452 bps.
- Harvard Bioscience's Tax Rate stood at 86.77% in 2022, then jumped by 167 bps to 57.75% in 2023, then tumbled by 32 bps to 38.98% in 2024, then tumbled by 69 bps to 12.05% in 2025, then slumped by 129 bps to 3.54% in 2026.
- Business Quant data shows HBIO's Tax Rate at 3.54% in Q1 2026, 12.05% in Q4 2025, and 8.55% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 21.94% |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 18.41% |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 100.00% |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 19.14% |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 40.85% |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 17.88% |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 13.89% |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | -60.95% |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 14.56% |
| 10 | Harvard Bioscience | 33.45 Mn | 26.94 Mn | 12.63 Mn | -0.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.48% |
| Jun 30, 2026 | -0.48% |
| Jun 30, 2026 | -0.48% |
| Mar 31, 2026 | -3.54% |
| Mar 31, 2026 | -3.54% |
| Mar 31, 2026 | -3.54% |
| Dec 31, 2025 | 12.05% |
| Dec 31, 2025 | 12.05% |
| Dec 31, 2025 | 12.05% |
| Sep 30, 2025 | -8.55% |
| Sep 30, 2025 | -8.55% |
| Sep 30, 2025 | -8.55% |
| Jun 30, 2025 | -1.33% |
| Jun 30, 2025 | -1.33% |
| Jun 30, 2025 | -1.33% |
| Mar 31, 2025 | 0.98% |
| Mar 31, 2025 | 0.98% |
| Mar 31, 2025 | 0.98% |
| Dec 31, 2024 | 38.98% |
| Dec 31, 2024 | 38.98% |